Governor
Jerome Powell is the chair of the Federal Reserve, the United States' central bank.
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Jerome Powell said he will stay on the Federal Reserve board after his chair term ends, while warning that legal attacks from the Trump administration are threatening the central bank’s independence.
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Sen. Thom Tillis said he is ready to let Kevin Warsh’s confirmation as Fed chair move forward after the Justice Department ended its probe into Jerome Powell.
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Sen. Thom Tillis said he will support Kevin Warsh’s nomination to lead the Federal Reserve, after the Justice Department ended its probe into Chair Jerome Powell.
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The Justice Department has ended its criminal probe of Fed Chair Jerome Powell, removing a major obstacle to Kevin Warsh’s possible confirmation as Powell’s successor.
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The Justice Department ended its criminal probe into the Federal Reserve and Jerome Powell over the central bank’s headquarters renovation, shifting the matter to the Fed’s inspector general.
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Trump said he may fire Federal Reserve Chair Jerome Powell if Powell stays after his term ends, while a criminal probe into Powell’s conduct is complicating the planned leadership change.
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Trump is threatening to fire Jerome Powell if Powell stays on the Federal Reserve board after his term as chair ends, as a Justice Department probe into Fed renovation costs adds pressure.
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Jeanine Pirro’s office sent prosecutors to the Federal Reserve’s headquarters to inspect renovation work, but they were turned away and the move added to a tense criminal probe involving Chair Jerome Powell.
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Kevin Warsh, President Donald Trump’s pick to lead the Federal Reserve, disclosed a net worth of more than $100 million, far above outgoing Fed Chair Jerome Powell’s wealth.
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Jerome Powell says he will stay on the Federal Reserve board until the Justice Department probe tied to his testimony is fully resolved, even as Donald Trump keeps pushing to replace him.
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A federal judge threw out Justice Department subpoenas to the Federal Reserve, saying the probe into Chair Jerome Powell looked more like pressure to force lower interest rates than a real criminal investigation.
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A federal judge blocked grand jury subpoenas aimed at the Federal Reserve, saying the criminal probe appeared to be a pretext to pressure Chair Jerome Powell over interest rates.
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The Federal Reserve is trying to block Justice Department subpoenas tied to a criminal investigation into Chair Jerome Powell and his testimony about a building renovation project.
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The Federal Reserve held interest rates steady, showing Jerome Powell’s resistance to White House pressure for cuts while leaving the door open to future action.
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The Federal Reserve is expected to keep interest rates unchanged this week as Chair Jerome Powell tries to refocus attention on the economy after new legal and political pressure.
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Federal Reserve Chair Jerome Powell will attend Supreme Court arguments in a case that could decide whether President Donald Trump can fire Fed governor Lisa Cook.
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President Donald Trump wants a Federal Reserve chair who will cut interest rates, but Jerome Powell’s legal fight, Senate resistance, and the Fed’s structure make that hard.
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A Justice Department investigation has raised new pressure on Jerome Powell as he nears the end of his term as Federal Reserve chair, with major stakes for the Fed’s future control and independence.
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The Federal Reserve cut interest rates again, with Chair Jerome Powell saying the move is meant to support a softer job market without causing more inflation.
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Stocks fell sharply as fading hopes for a December Federal Reserve rate cut shook markets, while Jerome Powell and other Fed officials gave mixed signals about the next move.
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